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Home | Studio Financials
 

Business and Financial

A large part of starting, running, and growing any business - including a dance studio - revolves around managing the financials well. In this department you'll find information on studio bookkeeping, accounting, insurance, payroll and more.

Setting Up & Filling Your Classes: Strategies For Success
Setting Up & Filling Your Classes: Strategies For Success Studio owners all want to know one thing--how to get more students in class. One of the most important things to consider when trying to answer this question is the time slots you have your classes arranged in. Taking this factor into account will help make it easy for potential students to choose your studio when they are looking to take a dance class. . . . keep reading
How to Get Organized and More Productive Running Your Dance Studio Business
How to Get Organized and More Productive Running Your Dance Studio Business It's easy to get so busy with the day-to-day tasks of running a dance studio. Often this leads to overwhelm and frustration. In this teleseminar learn how to keep your website up to date, simply and easily. You'll hear how to utilize a planning calendar to keep you on track with important dates and deadlines, plus find out some free productivity tools that can save you time and money. . . . keep reading
Student Registration Form Template
Student Registration Form Template This is a registration form template that you can customize for your dance studio. Modify and add to it as you prefer, it is a helpful tool and can save you time. Plus it includes some tips on how to word waivers and request signatures for policies and procedures at your dance studio. . . . keep reading
The Tough Times Two-Step: Dance Studio Survival Strategies in the Economic Downturn
The Tough Times Two-Step: Dance Studio Survival Strategies in the Economic Downturn Prices are up, the economy is down and dance studio owners everywhere are worried about the future of their businesses. The fact of the matter is that dance lessons are a service, not a necessity, and when it comes to . . . keep reading
Dance Studio Ownership: Renegotiating Your Current Studio Lease
Mago Lauritzen
Dance Studio Ownership: Renegotiating Your Current Studio Lease Let's suppose you like the current location of your studio. You are coming to the end of your lease and you don't want to move. Commercial leases usually place a cap on the amount that your monthly payment can be raised each year. But, once that lease runs out there is a good chance you'll see a significant increase in that monthly payment. . . . keep reading
Dance Studio Ownership: Negotiating Commercial Leases
Mago Lauritzen
Dance Studio Ownership: Negotiating Commercial Leases Let's face it. There is a really good chance that when you get ready to sit down and negotiate your commercial lease that the person sitting across the table from you has done it more times than you have. This starts you off at a disadvantage. Read this article to learn what you can do to level the playing field. . . . keep reading
How to Manage Your Cash Flow at Your Dance Studio Using Simple Systems: An Interview with a QuickBooks Certified Pro Advisor
How to Manage Your Cash Flow at Your Dance Studio Using Simple Systems: An Interview with a QuickBooks Certified Pro Advisor Having a system and structure in place to track your income, expenses, payroll, and more is critical in determining your success not only as a dance studio owner. Often times this task can seem overwhelming. In this interview you'll hear exactly what you could use to set yourself up for success when it comes to a bookkeeping system. . . . keep reading
Audio: Staying 'up' in a down economy
Audio: Staying 'up' in a down economy Kathy Blake shares ways on how to have your enrollment up during a down economy, how to keep your spirits up and stay focused on the big picture and how to turn out a great product and service for students and families at your dance studio during tough economic times. . . . keep reading
5 Dance Studio Business Do's and Don'ts:
By: Debbie Moulton
1. Charge what you're worth. First you need to do your research to see what your competition's tuition rates are. Based on that knowledge, charge what your products and/or services are wort . . . keep reading
To Scholarship or Not to Scholarship: Is Giving a Merit or Need Based Scholarship a Good Idea?
By: Kathy Blake
To follow in the model of traditional education, all scholarships are granted on either need or merit or both. Let's look at the pitfalls and solutions... . . . keep reading
Are You and Your Dance Studio Properly Insured?
Q: What kinds of insurance do I need? We live in a society where people are quick to sue and take advantage so be sure that you... . . . keep reading
Top 10 Secrets to Improve the Cash Flow at Your Dance Studio
By: Debbie Moulton
Managing your cash flow is absolutely crucial to your dance studio's well-being. Without cash coming in the door, you cannot pay your bills or your employees, and you will quickly go out of business. Here are 10 secrets to ensure that your cash flow is well-managed. . . . keep reading
3 Simple Ways to Handle the Pre-Registration Fears that both New and Experienced Dance Studio Owners Face Each Year
3 Simple Ways to Handle the Pre-Registration Fears that both New and Experienced Dance Studio Owners Face Each Year "I wonder if my students will return in the fall?", "I'm afraid I won't have enough students to meet my expenses!", "Will the economy have an effect on my enrollment?" Do you go to bed at night worried about these things? If so, you are definitely not alone. So how do you deal with the stress, anxiety, and concerns that both new and experienced dance studio owners face? . . . keep reading
Are You Ready to Open Your Own Dance Studio?
By: Erica J. Marcus
Are You Ready to Open Your Own Dance Studio? I sat down with Kathy Blake to interview her about just what it takes to stay motivated enough to maintain a successful dance studio for over 35 years. . . . keep reading
Implementing the Pay Grade Formula to Inspire Loyal Faculty
Studio owners often make a critical error in determining how to pay their faculty -- they pick an hourly rate and think that it is all a teacher needs to stay happy. Paying a teacher at a regular, . . . keep reading
Read This Before You Choose Your Dance Studio Location!
By: Kathy Blake
Read This Before You Choose Your Dance Studio Location! Whether you are opening a brand new studio or moving to a new location, it is important to be aware of every aspect of your new space. The choice you make will partly determine how successful your business will be. Don't let your location be the reason for lost business! . . . keep reading
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"It's my #1 source for help, support, and knowledge on how to run a successful dance studio." - G.M., School of Dance, CA

“I just want to thank you for taking the time to share your words of wisdom for this industry. This is truly appreciated as a new owner of a dance studio.” - Gladys K.

"You have helped me and my new studio venture so much. I would not know what I would have done without your support. I just finished my student handbook and noticed last night that you have support for that as well. You really do know exactly what studio owners need!!" - C.M. Performing School of Dance, LA

This website has helped me organize my life and I love it! I really look forward to the forms, new cool marketing tips, and reading about how successful studio owners handle the different aspects of their studio operations. I just can't get enough! It's like you read my mind. When issues arrive with parents, students or with my staff, I feel like I am prepared to handle each situation because your articles have covered it all!" -S. Gonsman, The Dance Stop, CA